today’s news for Thursday, May 23, 2019
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NEWS FROM NASFAA
The House Oversight Subcommittee on Economic and Consumer Policy on Wednesday held a hearing focused on oversight of the for-profit college sector, during which Democrats and Republicans took starkly different stances on how to address college accountability, prevention of waste, fraud, and abuse, and student loan debt.
Last week, Sen. Ron Wyden (D-OR) introduced the Retirement Parity for Student Loans Act, which would allow some employed borrowers to save for their retirement by permitting employers to create a matching contribution allowance program for employees repaying their student loan debt.
In the last two decades the growth in the college-going population has been driven by an influx of students from low-income families. But the increase in the number of low-income college students has been most pronounced in public two-year colleges, private for-profit colleges, and the least selective four-year institutions. What's more, there remains a significant gap in college enrollment between the lowest- and highest-income students, according to two new reports out this week.
The 2019 NASFAA National Conference is around the corner, and to kick off this year's event we wanted to look back at how the conference has changed and what keeps our members coming back, highlighting those who have been with us through the journey. This year, nine NASFAA members will be attending their twentieth (or more!) consecutive NASFAA National Conference, and a few of them shared their thoughts and experiences with us.
NASFAA UPDATES AND ANNOUNCEMENTS
Peace of Mind
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Each Clery Act disclosure or reporting violation can result in a fine of nearly $56,000. A NASFAA Consumer Information Assessment makes sure you're in compliance with consumer information rules, like the Clery Act, for less than one-tenth of that cost. That's a small price to pay for peace of mind. Complete our no obligation information request form to learn more about NASFAA's review service.
FEDERAL REGISTER
The Secretary invites institutions of higher education (institutions) that participate in the Federal Work-Study (FWS) Program authorized under title IV of the Higher Education Act of 1965, as amended (HEA), to apply to participate in a new institutional experiment under the Experimental Sites Initiative (ESI).
NOTABLE HEADLINES
NASFAA TRAINING
NASFAA CAREER CENTER
- Assistant Director of Financial Aid, Cornish College of the Arts, Seattle, WA
- Assistant Vice Provost for Financial Aid, Loyola Marymount University, Los Angeles, CA
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